Zacks: Analysts Anticipate NCI Building Systems Inc (NCS) to Post $0.56 Earnings Per Share
Analysts expect NCI Building Systems Inc (NYSE:NCS) to post $0.56 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for NCI Building Systems’ earnings, with the highest EPS estimate coming in at $0.56 and the lowest estimate coming in at $0.55. NCI Building Systems posted earnings of $0.32 per share during the same quarter last year, which suggests a positive year over year growth rate of 75%. The business is scheduled to issue its next quarterly earnings results on Wednesday, December 5th.
On average, analysts expect that NCI Building Systems will report full year earnings of $1.45 per share for the current year, with EPS estimates ranging from $1.45 to $1.46. For the next fiscal year, analysts expect that the business will post earnings of $1.85 per share, with EPS estimates ranging from $1.81 to $1.88. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover NCI Building Systems.
NCI Building Systems (NYSE:NCS) last issued its earnings results on Tuesday, August 28th. The construction company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.03. The firm had revenue of $548.50 million during the quarter, compared to analyst estimates of $534.27 million. NCI Building Systems had a net margin of 2.77% and a return on equity of 29.00%. The company’s quarterly revenue was up 16.9% on a year-over-year basis. During the same quarter last year, the business earned $0.27 earnings per share.
Several hedge funds have recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. lifted its position in NCI Building Systems by 416.0% during the second quarter. Fuller & Thaler Asset Management Inc. now owns 892,149 shares of the construction company’s stock valued at $18,735,000 after purchasing an additional 719,249 shares during the last quarter. UBS Group AG lifted its position in NCI Building Systems by 1,183.9% during the first quarter. UBS Group AG now owns 701,585 shares of the construction company’s stock valued at $12,418,000 after purchasing an additional 646,941 shares during the last quarter. Handelsbanken Fonder AB bought a new stake in NCI Building Systems during the first quarter valued at approximately $8,008,000. Hsbc Holdings PLC bought a new stake in NCI Building Systems during the first quarter valued at approximately $5,711,000. Finally, Wells Fargo & Company MN lifted its position in NCI Building Systems by 69.6% during the second quarter. Wells Fargo & Company MN now owns 664,184 shares of the construction company’s stock valued at $13,948,000 after purchasing an additional 272,631 shares during the last quarter. Institutional investors own 94.57% of the company’s stock.
Shares of NCS stock traded up $0.15 during trading hours on Tuesday, reaching $15.65. The stock had a trading volume of 379,749 shares, compared to its average volume of 541,606. The company has a current ratio of 1.58, a quick ratio of 0.85 and a debt-to-equity ratio of 1.35. NCI Building Systems has a 12 month low of $13.98 and a 12 month high of $23.35. The firm has a market capitalization of $1.05 billion, a P/E ratio of 19.56, a price-to-earnings-growth ratio of 1.09 and a beta of 1.43.
NCI Building Systems Company Profile
NCI Building Systems, Inc, together with its subsidiaries, designs, engineers, manufactures, and markets metal products for the nonresidential construction industry in North America. It operates through three segments: Engineered Building Systems, Metal Components, and Metal Coil Coating. The Engineered Building Systems segment offers engineered structural members and panels; and self-storage building systems under the Metallic, Mid-West Steel, A & S, All American, Mesco, Star, Ceco, Robertson, Garco, Heritage, and SteelBuilding.com brands to builders, general contractors, developers, and end users directly, as well as through private label companies.
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